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Record layoffs driven by AI: Econ analyst reacts

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June 5, 2026

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Over 97,000 layoffs were reported last month, and the flurry of pink slips in May can be traced back to the rise of AI. Matt Egan reports on the data and what it means.

Also, Florida sues OpenAI and CEO Sam Altman, accusing them of “utter disregard” for risk to humans, and Altman visits Washington to meet with the White House and Congress as President Trump signs an executive order on AI, and with potential huge IPOs on the horizon.

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Record layoffs driven by AIAI Matt EganAlso FloridaCEO Sam AltmanWhite HousePresident TrumpFlorida Mr AltmanWashington What

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Record layoffs driven by AI: Econ analyst reacts · CNN · Sentinel